Resolvion and American Lending Solutions (ALS) completed a merger agreement this week that will combine their respective operations into one of the largest skip-tracing and repossession management firms in the industry.

Executives indicated the new company will operate under the name ALS Resolvion.

The combined company will maintain its operations centers in Charlotte, N.C., Atlanta and Shelton, Conn.  The senior management teams from both operations will remain with the combined company under long-term contract in the following roles:

— Michael Levison as chief executive officer

— Jose Mendiola as president of consumer asset recovery

— Doug Melson as president of commercial asset recovery

— Martin Chapman as chief operating officer

— Keith Yarnell as chief technology officer and chief compliance officer

— Charles Goldsmith as chief financial officer

“The merger of ALS and Resolvion creates a new industry powerhouse,” Levison said “ALS’ strong position in the forwarding and pre-charge off loss mitigation space helps us create a powerful ‘end-to-end’ solution for lenders looking for superior results while, at the same time, maintaining the highest level of compliance.”

Based on current operations, the combined business will employ approximately 150 people and handle in excess of 14,000 new assignments each month. Executives highlighted that the current client base includes 21 of the top 50 auto finance companies in the nation.

“My partners and I could not be more thrilled about this merger,” Mendiola said. “We have worked very hard for the past several years to build ALS into a significant industry player.

“The merger with Resolvion will deepen our ability to meet the full range of our client’s needs,” Mendiola went on to say.

Mendiola will be one of the many industry leaders who will be a part of this year’s Re3 Conference, the segment of Used Car Week dedicated to the repossession, recovery and remarketing of vehicles. The Re3 Conference is set for Nov. 12 at the Red Rock Casino, Resort and Spa in Las Vegas.

Mendiola will be joined in a conversation led by Agero vice president of business development Cort DeHart about how the forwarding model has changed since finance companies began to leverage these service providers to streamline each step of the recovery process.

Also on tap to be a part of that Re3 Conference session are:

— Claudia Plascencia, senior vice president, Del Mar Recovery Solutions

— Monte Sernel, general manager, United Auto Recovery

— Chuck Tapp, chief executive officer, Primeritus Financial Services

In the meantime, for finance companies looking to do business with this new entity — ALS Resolvion — they can contact Levison at (678) 702-5101 or mlevison@consumerfs.com as well as Mendiola at (954) 931-2848 or josem@usa-als.com.